Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Transworld Systems

      Is this your company?

      Transworld Systems Reviews

      2.6

      25% would recommend to a friend

      (595 total reviews)

      Joseph Laughlin

      29% approve of CEO

      23% positive business outlook

      Ratings by category

      2.8

      Diversity and inclusion

      2.6

      Work/Life balance

      2.4

      Culture and values

      2.3

      Senior management

      2.3

      Career opportunities

      2.2

      Compensation and benefits

      Transworld Systems has an employee rating of 2.6 out of 5 stars, based on 595 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Transworld Systems employee rating is 30% below average for employers within the Finance industry (3.7 stars).

      Reviews by job title

      595 reviews
      2.0
      15 June 2015

      Potential to be Great......falls way short.

      Account executive (independent sales agent)
      Recommend
      CEO approval
      Business outlook

      Pros

      Leadership and initial training are very good. Many of the top leaders are motivational speakers, authors, etc. Training is structured - Opportunity to be rewarded for performance. There are excellent District Managers (unfortunately you can't choose or change). Product offering is very good and needed. Sales Materials available and leadership is accessible.

      Cons

      Turnover - On my team, in the first 3 months, I witnessed 7 people start, attend training and one Conference Call, never to be heard from again. TSI preaches selective hiring, but it is clear that its not. MICRO MANAGING - This might vary greatly by District Manager, but there are training calls daily (Morning Stretch at 8 or 8:30 AM), then the DM expects reps to be on a Team Conference Call M-W-F that lasts until 10 or 10:30. There is NO structure to the call, other than hearing how the past weekend was or what people are doing the following weekend, or how the kids are doing, etc. Then an hour one on one call each week, plus there are specific training calls 2-3 times per month. In order to be successful here, a new rep needs to have activity - for an opportunity to "Be Your Own Boss", there seems to be an awful lot of bosses for those bosses. FREQUENT CONTRADICTION - Transworld has a many partnerships - one of which is for an SaaS based Service for Medical, which has an extremely lucrative referral program, including trips, Cash incentives for referrals and Commissions for deals closed by that partner. This is talked about in most national calls, but the DM discourages it because he/she makes no $$$ override on those deals, and threatens to have your independent agent agreement terminated if its deemed you are making too much off of that program. PROCESS - There is a great deal of emphasis on activity, scripts, finding ways to make more calls or hot more doors, which is a fundamental in sales - but there is NO focus on Sales process, which is a fatal flaw. There is no consensus on CRM, Webinar Software, Selling Skills, etc, and Internal Competition is so fierce, and with no global CRM tool - there is deal stealing and back stabbing, etc

      1.0
      30 Mar 2024

      Like this review if you also... (read the Cons)

      Remote collections customer service representative
      Recommend
      CEO approval
      Business outlook

      Pros

      Nothing and I'm not exaggerating.

      Cons

      Had to CALL ADP TO FIX ACCOUNT ISSUES THAT NOT EVEN A CAVEMAN WOULD MAKE Had to MISS NEW HIRE ORIENTATION whether the manager "called out sick" or the EQUIPMENT CAME LATE (it's more of a liability if the orientation was cancelled or I wasn't paid for it nor onboarding due to them shipping equipment in separate packages AND 24 hours before the orientation! So they gave the NERVE to LIE that it's because the TRAINER called out SICK which is STILL pathetic even if it's TRUE but very telling if that's the best lie they could come up with, or feel the need to lie at all rather than apologize and rectify!) Had to ONBOARD YOURSELF due to THE FAILED new hire meeting and had to phone up IT to fix credentials that were late AND not working Have to PAY or arrange returning work from equipment. This is ANONYMOUS. SHARE your experiences! I'd give negative stars if I could.

      3.0
      5 May 2015

      Outstanding opportunity, but only if you have money set aside to live on.

      Sales
      Recommend
      CEO approval
      Business outlook

      Pros

      + Lots of support, trainings, motivational dial-in meetings, all designed to encourage you and help you grow your TSI business. Not just fluff, there is meat to these meetings that truly teach you how to do this business by real pros. + Management extremely helpful and very professional. Very fair about helping newbies close deals. + You have complete freedom by your independent contractor status, but there is also a degree of accountability to do your part. Good balance. You are not left alone, but neither are you mico-managed. + The services you sell are truly needed by the verticals you sell to. + True, unlimited income potential. + It is possible to make a lot of money doing this and never leave your office at home.

      Cons

      - While this is a wonderful opportunity to build a business, TSI should make it abundantly clear to new reps that they need to go into this with 6 months to a year's worth of living expenses saved up to live on while they are building their business. It is possible to 1-call close some deals, but that is not the norm, even when your manager is doing the closing; and unless you stumble into something big, there won't be enough in your pipeline in the early months to keep your bills paid without another primary source of income that can cover all your bills on its own. I went into this thinking that I would start making enough money to pay most or all my bills within a month or two, and that just isn't the case for most people. I expected the average sale would be higher in the beginning, thus making it easier to get started, but that wasn't the case either (though I believe the averages are higher later on). It is very hard to focus on learning all that you need to know in order to work this business on your own when you find yourself unable to meet your monthly living expenses and not having enough money saved up to get your through the rough start.

      Viewing 1 - 3 of 595 Reviews
      Related searches: Transworld Systems jobs | Transworld Systems salaries | Transworld Systems benefits | Transworld Systems interviews
      ReviewsTransworld Systems reviews

      Glassdoor has 625 Transworld Systems reviews submitted anonymously by Transworld Systems employees. Read employee reviews and ratings on Glassdoor to decide if Transworld Systems is right for you.